$245,980
NAL Estimated Property Value1023 Morris Street, Dallas, TX, 75212
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCeramic Tile, Laminate
Exterior
Lot Size5,500 sqft
Building Information
Year Built1947
Stories1
Roof Type105
Land Information
APN00000673363000000
Lot Number20
SubdivisionTipton
Land UseResidential
Legal DescriptionTIPTON BLK B/7099 LT 20 MORRIS & WINNETKA INT202100267157 DD09022021 CO-DC 7099 00B 02000 2007099 00B
Census Tract010102
Assessed Land Value$165,000
Assessed Improvement Value$80,980
Assessment Year2025
About this property
Cool corner lot cottage across from Winnetka Park. Designer paint colors with lots of recent improvements: HVAC. Roof, siding, eco-windows and wood fence with driveway gate. Room for fenced RV parking on side with electric and plumbing hookups. Large fenced in backyard with lots of trees. Close and convenient location near Trinity Groves, Bishop Arts and Downtown.
Investor Tools
$245,980
Estimated Property Value
$143,226Estimated Mortgage Balance
$102,754Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,367
$245,980
2025
$165,000
$80,980
$245,980
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,367
$245,980
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$157,140
No
First
Sep 2, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,226
$102,754
41%
58%
$943/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$943/mo
+$622/mo
7.6%
